AMAL: Saturna Al-Kawthar Global Focused Equity UCITS ETF
Global equity, 30 to 40 stocks (UCITS, actively managed) from HANetf / Saturna, 0.75% MER, bought in USD on the London Stock Exchange.
Fund facts
Figures as of November 1, 2026; fee confirmed on the provider’s own page.
- Provider
- HANetf / Saturna
- Type
- Global equity, 30 to 40 stocks (UCITS, actively managed)
- Listing
- London Stock Exchange (USD line AMAL, GBP line AMAP) · USD
- MER
- 0.75%
- Management
- Actively managed (no index to track)
What it tracks & who certifies it
Active Shariah and ESG screening by Saturna (no index).
How Canadians buy AMAL
UCITS on the LSE, via IBKR or another broker with LSE access.
Listed since September 28, 2020 (ISIN IE00BMYMHS24). Fee 0.75% per HANetf. A small fund, about US$22M in assets (HANetf, undated).
Compare AMAL against every halal ETF (fees on your amount) →
Common questions
Is AMAL Shariah-compliant (halal)?
AMAL is screened as follows: Active Shariah and ESG screening by Saturna (no index). Screening standards differ between index families, so verify the methodology against the standard you follow before investing.
What does AMAL cost per year?
The management expense ratio is 0.75% per year: about $75 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold AMAL in a TFSA or RRSP?
Yes, where your broker offers London Stock Exchange access (for example Interactive Brokers Canada). UCITS funds lose 15% US withholding inside the Irish fund in every account type, but avoid US estate-tax exposure for large holdings.